The most famous last words for the average trader: “I’ve got it figured out.” The moment you believe this, you create the conditions for a long and difficult downswing. It’s not superstition. It’s about the way you carry yourself.
What you need to know is that when you believe you’ve got everything figured out and it’s time to just coast and pile up the money, you stop showing up emotionally prepared for all outcomes at all times. You stop growing. You start to feel entitled.
Things that would have been no big deal to handle before now all of a sudden agitate you. You get emotionally off balance faster. You start trading badly the minute something doesn’t go exactly as planned. Which in trading, is basically every day.
The truth is that trading from a place of deep presence and connection will put you in the zone. It gives you confidence. The confidence to think you’ve “got it figured out.” But once you start believing the thought? You stop feeling it. The presence goes, and the entitlement starts.
The solution is to go back to the source. Find that feeling of presence again in a way that keeps you responsive to any possible scenario playing out. Come back to this over and over every time you have that thought. Now, nothing can agitate you, you’re ready for whatever the market throws at you.
The next time you start to think you’ve got it figured out. Realize that you’re in the danger zone. Take a few breaths, reset, and lock back in. Master this process, and you’ll have an edge on the market when it comes to trading your best no matter what.
For more great content like this consider joining my coach group, “Coaching With Cliff” here at Live Traders.
https://livetraders.com/groups/detail/2b144965-1248-4117-a8e0-be3f70c5725d
